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1992 AGN JAN 21 I03
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1992 January 21 Agenda Packet
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1992 AGN JAN 21 I03
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e O <br />SAFECO <br />BID BOND <br />Conforms with The American Institute of Architects, <br />A.I.A. Document No. A-310 <br />SAFECO INSURANCE COMPANY OF AMERICA <br />GENERAL INSURANCE COMPANY OF AMERICA <br />FIRST NATIONAL INSURANCE COMPANY OF AMERICA <br />HOME OFFICE: SAFECO PLAZA <br />SEATTLE, WASHINGTON 98185 <br />KNOW ALL BY THESE PRESENTS, That we, JOSLYN POWER PRODUCTS CORPORAT ION <br />as Principal, hereinafter called the Principal, <br />and the SAFECO INSURANCE COMPANY OF AMERICA, of Seattle, Washington, a corporation duly organized under the <br />laws of the State of Washington, as Surety, hereinafter called the Surety, are held and firmly bound unto C I TY OF <br />COLTON, CA, GENERAL SERVICES, 550 N. LACADENA DR. ,COLTON, CAas Obligee, hereinafter called the Obligee, <br />in the sum of TEN PERCENT OF TOTAL AMOUNT B ID <br />Dollars ($ 10% ), for the payment of which sum well and truly to be made, the said Principal and the said <br />Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for <br />nNF (1) PADMOUNT SF6 SWITCH <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with <br />the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or <br />Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br />payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter <br />such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty <br />hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract <br />with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain <br />in full force and effect. <br />Signed and sealed this <br />19TH day of DECEMBER , 19 91 . <br />V Registered trademark of SArtcU C=orporation. <br />PRINTED IN U.S.A. <br />S-54/EP 10/90 <br />V <br />JOSLYN <br />POWER PRODUCTS CORPORATION (Seal) <br />.�G <br />Principal <br />Witness <br />�� f <br />Title <br />SAFECO ' SURANCE COMPANY OF AMERICA <br />\E <br />W itness <br />By <br />��C.� -— <br />J A <br />E L Y N ICAttorney-in-Fact <br />V Registered trademark of SArtcU C=orporation. <br />PRINTED IN U.S.A. <br />S-54/EP 10/90 <br />
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